By the midday closing, the Shanghai Composite Index fell by 0.06%, the Shenzhen Component Index rose by 1.02%, and the chinext price index rose by 1.78%.
The three major A-share indices performed differently. As of the midday close, the Shanghai Composite Index fell by 0.06%, the Shenzhen Component Index rose by 1.02%, and the ChiNext Price Index rose by 1.78%. The total turnover in the whole market was 1617.5 billion yuan for the morning, an increase of 14.3 billion yuan from the previous day, with over 3000 individual stocks rising.
On the market, the pharmaceutical sector saw across-the-board gains, with pharmaceutical commerce concepts leading the gains. Hpgc renmintongtai, Yunnan jianzhijia, and others hit the limit up, with LBX pharmacy chain joint stock rising by over 11%; in the lithium mining sector, willing new energy hit the limit up for the second consecutive day, Ganfenglithium rose by about 7%, and lithium futures broke through 0.08 million yuan/ton; the automotive sector strengthened as a whole, with Jiangling Motors Corporation and Dongfeng Group both hitting the limit up. In October, China's auto sales achieved month-on-month and year-on-year growth; the retail, online car-hailing, consumer electronics, and other sectors were among the top gainers. Semiconductor and lithography concept stocks underwent adjustments, with Hualing Co., Ltd. falling by over 9% and Ningbo Yong Xin Optics falling by over 8%; the commercial aerospace concept fluctuated downward, with Chengdu Space Security falling by over 10% and West-test falling by over 9%.
Pharmaceutical commerce concepts led the gains, with Hpgc renmintongtai and Yunnan jianzhijia hitting the limit up.
LBX pharmacy chain joint stock experienced a two-day rise, with Shanghai No.1 Pharmacy, Thalys Medical Technology Group Corporation, Hpgc renmintongtai, Yunnan jianzhijia, and others hitting the limit up. LBX pharmacy chain joint stock rose by over 11%, with China National Medicines Corporation, China Health Industries, and others following the uptrend.
Lithium sector rebounds, Willing New Energy hits two consecutive limit up.
Willing New Energy hits two consecutive limit up, Canmax Technologies rises over 16%, Yongxing Special Materials, Yongshang Lithium rise over 7%, previously Ganfeng Lithium, Sinomine Resource Group rose over 6%. On the news front, the main contract of lithium carbonate futures on the Guangqi Exchange rose over 4% for the second consecutive day. Zhongxin Futures believes that, on the one hand, it is due to stronger-than-expected demand performance, and on the other hand, due to some overseas mining companies lowering their future production guidance in their third-quarter reports, promoting the fermentation of positive sentiment.
Automobile sector strengthens, Jiangling Motors hits the limit up.
Jiangling Motors, Dongfeng Shares both hit the limit up, SAIC Group rises nearly 8%, Xiamen King Long Motor, Zotye Automobile, Guangzhou Automobile Group, among others, lead the gains. On the news front, data from the China Association of Automobile Manufacturers shows that in October, China's automobile production and sales reached 2.996 million and 3.053 million vehicles respectively, an increase of 7.2% and 8.7% month-on-month, and an increase of 3.6% and 7% year-on-year. From January to October this year, China's automobile production and sales reached 24.466 million and 24.624 million vehicles respectively, with year-on-year increases of 1.9% and 2.7%.
Semiconductors, Lithography stocks are adjusting.
Hualing Stock falls over 9%, Ningbo Yong Xin Optics falls over 8%, Eisen shares, H.B. Fuller, Maolei Optics, Shenzhen Easttop Supply Chain Management fall over 6%.
